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As you may evolution of algorithmic trading and challenges of the future know, the Metatrader four (MT4) platform is used to trade your ea because of it is built in programming language and automation capabilities. ( Illustration 1 ) Price frequently makes multiple moves up to a resistance level before making a significant drop. Louis (Clark 1966, 95). Simple Steps for Identifying a Trend Author, Forex Trading for Maximum Profit Raghee Horner discusses a simple, proven method for traders in all markets to use moving averages to find the prevailing trend.

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